Middle East Updates

Developments in the Mideast war and its impact on Asia-Pacific

Fuel price rollback in 1st week of September

Pump prices dropped in the first week of September, with Seaoil’s gasoline price reduced by…

US strikes Iranian rocket launchers on Strait of Hormuz

WASHINGTON—US forces struck Iranian rocket launchers on the Strait of Hormuz in their first military…

Gov’t to unload more LPG inventory at P60/kilo

The Department of Energy (DOE) is looking to sell remaining government-procured liquefied petroleum gas (LPG)…

US vows ‘economic asphyxiation’ of Iran with fresh sanctions

Washington, USA—US Treasury Secretary Scott Bessent on Monday laid out plans for the “economic asphyxiation”…

Fuel prices up by as much as P5 on Aug. 18

Local retailers will raise prices of petroleum products by as much as P5 on Tuesday.…

Fuel price rollback on Aug. 11

A fuel price rollback of more than P4 awaits motorists on Tuesday. Prices of gasoline…

Diesel, gasoline prices drop by less than P1/L

After weeks of oil price hikes, local diesel and gasoline prices dropped by less than…

Oil prices fall nearly 5% after US announces new Iran talks

Tokyo, JAPAN—Oil prices tumbled on Monday in early Asia trade after US President Donald Trump…

Airfares to rise anew as fuel surcharge climbs

After getting a brief reprieve in July, travelers flying within and out of the Philippines…

US holds fire against Iran as munitions ‘dwindle’  

Tehran, IRAN—Iran passed another night without US airstrikes on Sunday, as Washington paused a war…